Croatia: Non-Combined Refrigerator-Freezer Market 2024

Non-Combined Refrigerator-Freezer Market Size in Croatia

The Croatian non-combined refrigerator-freezer market fell to $X in 2022, declining by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Non-Combined Refrigerator-Freezer Exports

Exports from Croatia

In 2022, after ten years of growth, there was significant decline in shipments abroad of household refrigerators and freezers (not combined), when their volume decreased by X% to X units. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The exports peaked at X units in 2021, and then fell sharply in the following year.

In value terms, non-combined refrigerator-freezer exports reduced rapidly to $X in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then declined sharply in the following year.

Exports by Country

Slovenia (X units) was the main destination for non-combined refrigerator-freezer exports from Croatia, with a X% share of total exports. Moreover, non-combined refrigerator-freezer exports to Slovenia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X units), threefold. Hungary (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Slovenia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (X% per year) and Hungary (X% per year).

In value terms, Slovenia ($X) remains the key foreign market for household refrigerators and freezers (not combined) exports from Croatia, comprising X% of total exports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with an X% share of total exports. It was followed by Hungary, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovenia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (X% per year) and Hungary (X% per year).

Export Prices by Country

In 2022, the average non-combined refrigerator-freezer export price amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price continues to indicate a perceptible slump. The growth pace was the most rapid in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Combined Refrigerator-Freezer Imports

Imports into Croatia

In 2022, the amount of household refrigerators and freezers (not combined) imported into Croatia declined to X units, falling by X% compared with 2021 figures. Overall, total imports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at X units in 2021, and then contracted in the following year.

In value terms, non-combined refrigerator-freezer imports declined to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

China (X units), Turkey (X units) and Serbia (X units) were the main suppliers of non-combined refrigerator-freezer imports to Croatia, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and Serbia ($X) appeared to be the largest non-combined refrigerator-freezer suppliers to Croatia, together accounting for X% of total imports.

In terms of the main suppliers, China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average non-combined refrigerator-freezer import price amounted to $X per unit, rising by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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